A Minor Who Enters into a Contract with a Party

question 8

True/False

A minor who enters into a contract with a party who has capacity may not void the contract.

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Definitions:

Shelter

A structure that provides cover or protection from weather, danger, or discomfort, often used as a term for housing or living spaces.

Budget Line

A graphical representation of all possible combinations of two goods that an individual can purchase with a given income, considering the prices of the goods.

Decrease In Income

Refers to a situation where an individual or household earns less money over a period, impacting their ability to purchase goods and services.

Horizontal Axis

In a graph or chart, the x-axis, which typically represents the independent variable or scale of measurement.